Torsten Slok

2 results

Compared with their 2017 peak, house prices in Sydney  have now dropped 11.1 per cent. Photograph: Mick Tsikas/EPA

Australia has not seen a recession since the June quarter of 1991 but if house prices can be a harbinger of economic wellbeing, storm clouds are gath(...)

Riskier assets were in favour on Wall Street in early afternoon trading. Photograph: Bloomberg

Stock markets rose globally on Wednesday as investors cheered the outcome of the US midterm elections, which, in delivering a gridlocked Congress, eas(...)